According to CrunchBase, the company has raised €331,600 to date from investors including Richard Brage, Bifröst Health and Capital Cell. In 2019 Captor Therapeutics received the Central European BioForum Award. How a Freelance Medical Statistician Can Help Analyze Healthcare Data? The annual event raises awareness about the European biotechnology industry and there’s certainly plenty going on in this sector, with companies emerging everywhere, from Cork to Madrid. With this innovative technology, the firm aims to help pharma companies offer better drugs at a lower cost and facilitate the treatment and prevention of life-threatening diseases. Automation: A data scientist’s new best friend? In 2020, Celyad expects to have more detailed data from this trial and to start a new phase I trial with another CAR-T therapy in its pipeline. – Set on a mission to improve the medical device performance, comfort and safety, this University of Twente spin-off is involved in engineering and manufacturing bio-inspired coatings. These firms have exhibited vast knowledge and in-depth expertise in biotechnology. The company will also start a phase I/II trial with a therapy for cancers caused by the human papillomavirus. Listed here are 10 well known European biotech startup incubators and accelerators (in no particular order or ranking) based on publicly available information such as the company websites and material. How can we build a diverse and inclusive STEM talent pipeline? In 2019 the company announced the launch BIO X6, a new bioprinting platform for complex structures and its acquisition of the German biotechnology company Cytena. View our Privacy Policy. We will be in touch with you shortly. Founded in Lund, Sweden, Carbiotix has raised €1.1m to date, with investment from EASME. The HIVACAT spin off is placing their bets on HTI immunogen, an innovative T cell vaccine immunogen design that directs the body’s immune defense to the most vulnerable parts of HIV. Need to speak to a biotech expert? The HIVACAT spin off is placing their bets on HTI immunogen, an innovative T cell vaccine immunogen design that directs the body’s immune defense to the most vulnerable parts of HIV. SparingVision – This French startup is trying to find a cure for one of the most common forms of blindness, retinitis pigmentosa, which currently affects about two million people worldwide. Passionate reader and traveller. Do you want to join 10 000 subscribers who receive the hottest biotech news in their inbox every Friday (for free)? Charlotte Tucker-November 6, 2020. These cells are fragile and difficult to grow, and current cell therapy programs are limited by manufacturing capacity, cell processing costs, and cell quality. Promethera develops cell therapies based on human liver cells and raised €47M in 2019 to support ongoing clinical trials. While other players in the field with more advanced programs are mainly focusing on producing alternatives to beef, Meatable raised a. in December that will allow the company to create its first lab-grown pork prototype by summer of 2020. Based in Wroclaw and Basel, the company was founded in 2017, and has so far raised €33 million in grants and investments to further transform the lives of patients. Will informatics define the future of digital healthcare? After a. in October 2019, the company is getting ready to start six first-in-human clinical trials in 2020 as well as additional late-stage trials. Ynsect seeks to provide an eco-friendly alternative to produce food and feed from insects. Go to Kolabtree | Their mission statement, “to transform knowledge into wealth and employment, supporting you on the way from the lab to the market”, describes the company’s agenda perfectly. - All rights reserved. Sweden’s Wilson Therapeutics has a remarkable valuation of around €243M for market capitalization. Related: biology, Spain, Pharma, biotech, Denmark, France, Cork, Horizon 2020, medtech, Enterprise Ireland, Madrid, Finland, Ireland, life sciences, Europe, medicine, Kelly Earley was a journalist with Siliconrepublic.com, All content copyright 2002-2020 Silicon Republic Knowledge & Events Management Ltd. Reproduction without explicit permission is prohibited. StartupCity shortlisted the 15 most promising biotech startups in Europe . pic.twitter.com/ZgOSoCRSgw, — Aurum Biosciences (@aurumbioscience) January 27, 2016. These cells are fragile and difficult to grow, and current cell therapy programs are limited by manufacturing capacity, cell processing costs, and cell quality. While other players in the field with more advanced programs are mainly focusing on producing alternatives to beef, Meatable raised a €9M Series A in December that will allow the company to create its first lab-grown pork prototype by summer of 2020. Mostly, a large number of Belgium health tech startups are spin-offs that have budded from research organisations. In 2019, the company reported positive data from a phase I trial testing its lead T-cell therapy in cancer patients with the soft tissue cancer known as synovial sarcoma. BIC assists entrepreneurs with preparing business plans to obtain funding and also, access multiple startup contests and trade-shows. Please visit our Privacy Policy page for more information about cookies and how we use them. In 2019, the company announced it would be seeking regulatory approval for its lead candidate therapy despite having failed to prove it was superior to the placebo treatment in a recent phase II trial. Founded in 2016, Lipocoat’s coatings are just 5 nanometres thick, highly biocompatible, non-toxic and have potential to be used in implants, contact lenses and catheters. Founded in 2016, Lipocoat’s coatings are just 5 nanometres thick, highly biocompatible, non-toxic and have potential to be used in implants, contact lenses and catheters. European biotech startups generally face difficulties in funding opportunities. In 2019, the company raised a €110M Series C round to fund the construction of the world’s largest automated insect farm. If the trial is successful, the drug could become one of the first treatments to ever be approved for this condition, which would give Genfit access to an enormous market. In the pharmaceuticals segment, Bayer has launched 4 branches of CoLaborator: Berlin, Kobe, Moscow, San Francisco – and one in the CropScience Segment in West Sacramento. Learn more about us and our advertising options. Bioincubators and accelerators can give new biotech businesses the boost they need by offering many basic, essential resources: laboratory space, business mentorships, availability of expert consultants, to name a few. In October, London-based company GammaDelta Therapeutics announced the creation of the spinout company Adaptate Biotherapeutics. The first steps in the initial establishment process can set the right path for the budding business to flourish and succeed. This month has seen one of the largest VC-backed biotech deals in the past decade, as gene therapy specialist Arvelle Therapeutics raised €159 million in Series A … The startup focuses on finding drugs against bacterial resistance that is developing as one of the serious issues due to the over-usage of antibiotics. Next year, BioNTech will also be reporting data from clinical trials testing its messenger RNA technology in patients with triple negative breast cancer, melanoma, and solid tumors. Hire experts easily, on demand. With €3 million in funding raised so far, this Dutch startup is paving the way for next-generation biomaterial coatings. Flemish Institute for Biotechnology (VIB), University of Manchester Innovation Centre (UMIC), Content Marketing for Biotech & Pharma: The Ultimate Guide, 5 Benefits of Hiring Life Science Consultants (Biotech/Pharma), 3 reasons small businesses need product development consultants. Healthcare startups in Belgium. Orphazyme develops therapies for rare diseases that impair the correct folding of proteins, and therefore their function. We previously featured Solar Foods as one of our top 10 cleantech startups to look out for in 2019. Biotech startups in Europe are credited with almost half a million jobs & generating €31.6B across EU countries. The Kolabtree Blog is run and maintained by Kolabtree, the world's largest freelance platform for scientists. The plan is to hit the consumer market in the next two years, but astronauts might be getting an early look, as the Finnish startup is working with the European Space Agency to develop the technology as a potential way to supply food on long space missions. In 2019, the company partnered with the enzyme manufacturer Novozymes to produce biodegradable plastics that are made of 100% recycled plastic. Immunobiogram® has shown positive results in our Clinical Trials and it is ready to go to market in 2020 through partners and licensees around the world. Additionally, it offers an outstanding, attractive and innovative environment for existing biotechnology / bio-medicine companies. #CRISPR #Phages #Deeptech #GoGoEligo pic.twitter.com/xsxt9amx0k, — Eligo Bioscience (@EligoBio) March 19, 2019. Completely owned by the University of Manchester, this bioincubator offers facilities for biotechnology research and development along with a commercially and academically supportive environment. Numerous biotech startups are launched in Europe every year and these attract a record amount of investments.. By taking advantage of modern technologies, biotech startups have helped in a lot of ways.

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